GBPUSD today
GBP/USD remains stable within its channel range, fluctuating around the EMA zone.
Despite the higher U.S. Treasury yields, the pair has edged slightly higher as the U.S. Dollar corrected after breaking a four-day winning streak. The market's focus now shifts to U.S. PPI data and jobless claims reports.
In the meantime, aim for key levels at both bounds of the channel and strategize your buy or sell positions accordingly. Keep a close watch on this pair's movements.
Good luck!
Despite the higher U.S. Treasury yields, the pair has edged slightly higher as the U.S. Dollar corrected after breaking a four-day winning streak. The market's focus now shifts to U.S. PPI data and jobless claims reports.
In the meantime, aim for key levels at both bounds of the channel and strategize your buy or sell positions accordingly. Keep a close watch on this pair's movements.
Good luck!
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